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Business |Beauty

Eurazeo secures minority stake in perfumery brand Ex Nihilo

European investment company Eurazeo has completed a minority investment in niche fragrance house Ex Nihilo. The transaction, valued at 25 million euros, sees Eurazeo investing alongside Ex Nihilo’s co-founders Sylvie Loday, Olivier Royère, and Benoît Verdier, who remain majority shareholders. Commenting on the deal, Laurent Droin, managing...

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